Terms of the deal are still in flux, a source told Bloomberg, but part of it could be TikTok US moving from AWS and Google Cloud to Oracle Cloud.
It argued that the DoD unfairly and unnecessarily tailored the contract requirements for AWS and Azure.
The company’s possible pursuit of a deal for the social network, owned by China’s ByteDance Ltd., makes more sense in light of Oracle’s desire to build up its cloud-computing and consumer-data businesses.
Oracle says its new VMware service provides customers with the same experience whether on its cloud or on-premises.
Larry Ellison says you can have your own, full-fledged Oracle cloud region, behind your own firewall.
The forecast signals there may not be a revival of new license sales after hospitality and retail clients delayed software purchases.
The world’s second-largest software maker has struggled to bring existing database customers to cloud-based offerings.
The world's second-largest software company is considered a "niche player" in cloud, but it's working quickly to make its niche bigger.